Altruist is a FinTech company that develops a commission-free digital investment platform. This company was founded by Jason Wenk in 2018 and is headquartered in Greater Los Angeles Area, CA. The platform is designed to help independent financial advisors grow faster, cut costs, eliminate paperwork, and delight their clients.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/02/2024 | Series E | $169.35MM | $xx.xx | $1.53B | ICONIQ Growth, Granite Capital Management | |
Price per Share
$xx.xx
Shares Outstanding
18,272,097
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
ICONIQ Growth, Granite Capital Management
|
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04/12/2023 | Series D | $111.64MM | $xx.xx | $928.18MM | Insight Partners, Adams Street Partners, Bill McNabb, Ron Carson, Marty Bicknell | |
Price per Share
$xx.xx
Shares Outstanding
17,190,841
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
2.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Partners, Adams Street Partners, Bill McNabb, Ron Carson, Marty Bicknell
|
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11/18/2021 | Series C | $110.88MM | $xx.xx | $817.65MM | Declaration Partners, Venrock, Insight Partners, Vanguard | |
Price per Share
$xx.xx
Shares Outstanding
17,074,173
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Declaration Partners, Venrock, Insight Partners, Vanguard
|
||||||
05/19/2021 | Series B | $50.25MM | $xx.xx | $347.08MM | Insight Partners, Venrock, Vanguard | |
Price per Share
$xx.xx
Shares Outstanding
14,854,671
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Partners, Venrock, Vanguard
|
||||||
11/25/2019 | Series A-1 | $8MM | $xx.xx | $43.3MM | Venrock | |
Price per Share
$xx.xx
Shares Outstanding
16,078,239
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Venrock
|
||||||
09/10/2018 | Series A | $8.46MM | $xx.xx | $24.19MM | Venrock | |
Price per Share
$xx.xx
Shares Outstanding
23,084,259
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Venrock
|